What’s the best thing about retirement? That’s one of the questions I’ve been asking during extensive interviews with individuals and couples who have been retired for more than two years.
Money is usually the first thing that comes to mind when people think about their retirement. But money is only part of the equation. Of course, we need money for the basics and a few luxuries in retirement, but the amount required is as unique as individuals. So, what’s the other part of the equation?
Identity bridging is a process that can help people transition into retirement, and particularly if they’ve been strongly engaged in their work. According to Teresa Amabile from the Harvard Business School, it can help bring about a fulfilling retirement.
So, you’re thinking about retirement more than you have in the past. Have you thought about what you could be working on over the next 12 months? Here are six steps.
Life restructuring is one of the big changes that comes when an individual retires. Understanding what happens can help you transition into retirement.
When considering the mental and emotional issues that retirement brings, researchers recently reported that professionals who retire tend to go through processes of life restructuring and identity bridging.
Aubrey de Grey, a Harrow and Cambridge-educated biomedical theorist claims that some people already alive may live up to 1000 years. But what would you do with that additional time?
The best way to have financial security in retirement is to start working on it well before you get there. You’ll want a financial stream (or streams) that allows you to fulfil many of the dreams you have for the freedom retirement brings. This is where a financial countdown can help.
Cliff edge retirement? That’s getting to the edge of the retirement cliff and jumping off—into retirement. It’s sudden. Work is finished. Retirement begins. But not everybody wants to do it that way.
Christmastime—holiday time, for most. Time to catch up, time to relax, and time to think. This relaxed mode can be the ideal time to think about your retirement. After a few days of shaking off work mode, it could be helpful to grab a pen and some paper to write down thoughts about your retirement.